Bursa Malaysia ends lower, CI down 1.02% on Friday

BURSA Malaysia ended lower on Friday, with the key index falling 1.02% lack of buying interest as investors digested the Budget 2023 announcements tabled today, as well as on global selldown, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.43 points to 1,406.00 from Thursday’s close of 1,420.43.

The benchmark index, which opened 1.36 points better at 1,421.79, moved between 1,405.18 and 1,421.90 throughout the day.

Market breadth was negative with decliners outpacing gainers 425 to 291, while 459 counters were unchanged, 1,172 untraded, and seven others suspended.

Turnover stood at 1.91 billion units worth RM1.43 bil. — Oct 7, 2022

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